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Over-optimistic Official Forecasts in the Eurozone and Fiscal Rules

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NBER2012-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18283
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Why do countries find it so hard to get their budget deficits under control? Systematic patterns in the errors that official budget agencies make in their forecasts may play an important role. Although many observers have suggested that fiscal discipline can be restored via fiscal rules such as a
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2012-08-01
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